Identify the giant on this table: the market cap of selected stock exchanges in Africa. Unlike GDP, this one is practically REAL as it is sealed with money. From these numbers, retirement, mutual funds, pension investments, etc draw their lives.
NB: This $74 billion from Quartz may not be accurate depending on its definition of “bourses” in Nigeria. The correct number is around $42 using the official exchange rate of N380 to divide the total market value of N16 trillion in the Nigerian Stock Exchange.
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